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A first look at the EU Industrial Carbon Management Strategy
The European Commission recently launched the Industrial Carbon Management Strategy, reflecting Europe’s growing focus on carbon capture, removal, use, and storage. This follows a call from European NGOs for an EU carbon capture and storage strategy in 2022, and the report “A Vision for Carbon Capture, Utilisation, and Storage in…
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Designing Carbon Contracts for Difference
Originally a concept from the financial sector, the ‘contract for difference’ has been used to great effect in the UK for deploying low-carbon power generation.
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Net Zero Industry Act: A crucial step forward for industrial decarbonisation in Europe
Brussels – The EU institutions reached an agreement today on the Net Zero Industry Act, providing an important framework for an options-based strategy to support industrial decarbonisation in the European Union. The NZIA was proposed at an important time for option-based climate policy in Europe. The EU is not on track…
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EU pushes forward climate action in Europe with Industrial Carbon Management Strategy
Brussels — Clean Air Task Force (CATF) welcomes the European Commission’s Industrial Carbon Management Strategy (ICMS) to enable the development and scale-up of carbon capture, removal, use, and storage technologies across the European Union. “The Industrial Carbon Management Strategy is a huge step forward for EU climate action,” said Eadbhard…
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New 2040 EU Climate Targets provide a wish list, but no blueprint for action
Brussels – Today, the European Commission put forth a non-binding Communication on the EU’s climate targets for 2040. “The communication signals a strong reaffirmation of climate ambition, yet it lacks technology-inclusive and politically viable action plans that ensure these ambitions are attainable, securing economic and energy stability while achieving emissions…
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Carbon Capture and Storage in Europe FAQs
What is carbon capture and storage and why does Europe need it? What is carbon capture and storage? CO₂ can be permanently prevented from entering the atmosphere and driving climate change by injecting it into certain types of rock formation found deep underground. The CO₂ must first be ‘captured’ by…
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CATF and CONCITO collaborate on new frontiers of emissions trading in the European Union
Brussels – Clean Air Task Force (CATF) and Danish think tank CONCITO announce a collaborative project aimed at contributing to a climate-proof, effective, and knowledge-based development of emissions trading in the European Union (EU). The project comes at a crucial juncture as the EU strives to achieve its ambition of…
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Recommendations for the EU Industrial Carbon Management Strategy
This report provides recommendations for the large-scale deployment of carbon capture and storage technologies within the EU.
